Jacksonville Police & Fire commits $15m to Harrison Street real estate fund

The Jacksonville Police & Fire Pension Fund (JPFPF) committed $15 million to Harrison Street Partners Fund IX (HSPF IX) during its Jan. 26 Board of Trustees meeting.

Managed by Harrison Street, HSPF IX is seeking to raise $4 billion and is investing with a value-add strategy in diversified U.S. non-core real estate. Target sectors include student housing, senior housing, life sciences, medical office, self storage, data centers and build-to-rent housing.

Documents included in JPFPF’s Jan. 26 meeting state that HSPF IX’s strategic approaches are to develop to core, to enhance, to renovate, to reposition and to improve the operation of acquired assets.

HSPF VIII closed in October 2021 after reaching its $2 billion hard cap, having exceeded its $1.5 billion fundraising target.

For more information about this commitment or other funds, please visit our IR